Foseco India Limited disclosed that its promoters and persons acting in concert (PAC) have not created any encumbrance on the securities held by them in the company for the period ended March 31, 2026. This declaration was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisitions of Shares and Takeovers) Regulations, 2011. The confirmation ensures that the shareholding structure remains free from indirect or direct pledges or charges during the specified timeframe.

The filing identified the promoter entities as Foseco Overseas Limited, Foseco (UK) Limited, and Vesuvius Holdings Limited. All three entities confirmed their status as belonging to the promoter or promoter group. The disclosure was submitted to the stock exchanges on behalf of Vesuvius plc, the parent entity.

Persons Acting in Concert

The document also listed several entities classified as PACs that are not direct shareholders of Foseco India Limited. These include Foseco (Jersey) Limited, Foseco Holding Limited, Foseco Limited, Vesuvius Overseas Limited, and Vesuvius plc. The note clarified that these entities do not possess a Permanent Account Number (PAN) as they do not have a branch office or direct business interest in India.

The following table details the promoter entities and their status:

The declaration was signed by Henry Knowles, Company Secretary of Vesuvius plc, on April 7, 2026. The filing serves as a formal compliance update regarding the standing of the company's securities held by its promoters and associated entities.

Foseco India Limited has successfully completed the sale of 99,081 equity shares in its subsidiary, Foseco Crucible (India) Limited (FCIL), for an aggregate consideration of approximately INR 11,99,72,779. The transaction was executed in multiple tranches through the open market route to enable FCIL to meet the minimum public shareholding requirements prescribed under SEBI regulations. The shares sold constituted 1.77% of the total paid-up equity share capital of FCIL.

Consequent to the sale, Foseco India's shareholding in FCIL has reduced to 42,00,000 equity shares, representing 75.00% of the total paid-up equity share capital of the subsidiary. This reduction ensures that FCIL now complies with the minimum public shareholding norms mandated by the Securities Contracts (Regulation) Rules, 1957 (SCRR) and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR Regulations).

The compliance was driven by the requirements of Regulation 7(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (SEBI SAST Regulations), Rule 19(2)(b) and 19(A) of the SCRR, and Regulation 38 of the SEBI LODR Regulations. The company confirmed that the entire sale was completed within the timeline mentioned in its earlier intimation dated 12 May 2026.

Transaction Details

The disclosure was submitted to BSE Limited and the National Stock Exchange of India Limited under Regulation 30 of the SEBI LODR Regulations. Mahendra Kumar Dutia, Controller of Accounts and Company Secretary of Foseco India Limited, confirmed that the intimation was made to ensure continued transparency and compliance with applicable SEBI regulations.